Term USDA Rural Community Facilities Funding Programs
Code TB-0700.2200-900
Definition USDA Rural Community Facilities Funding Programs offer direct loans, loan guarantees and grants to develop or improve essential public services and facilities in communities across rural America. These amenities help increase the competitiveness of rural communities in attracting and retaining businesses that provide employment and services for their residents. Public bodies, non-profit organizations and federally recognized American Indian Tribes can use the funds to construct, expand or improve facilities that provide health care, education, public safety, and public services. Projects include fire and rescue stations, village and town halls, health care clinics, hospitals, adult and child care centers, assisted living facilities, rehabilitation centers, public buildings, schools, libraries, and many other community-based initiatives. Financing may also cover the costs for land acquisition, professional fees and purchase of equipment. The facilities not only improve the basic quality of life but assist in the development and sustainability of rural America.
Created 4/12/22
Changed 4/29/22
Use References
See Also References Rural Area Public Transit Services (BT-4500.7000)
Rural Economic Development (TB-8200.7500)
Rural Housing Development (TB-3000.7000)
External Classification Terms Other Government/Economic Services (USA OT-600)
Rural Economic Development (UW
Rural Economic Development (NPC S02.06)
Rural Economic Development (NTE S32)
Related Concepts Financial Services/Benefits
U.S. Services/Targets
Facet Service
Bibliographic References "Community Facilities Programs", USDA Rural Development, U.S. Department of Agriculture website, https://www.rd.usda.gov/programs-services/community-facilities

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